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What kind of oil does the fuel in futures refer to?
180CST fuel oil is a kind of heavy diesel oil, which is mainly used in marine diesel engines and oil-fired boilers.

Fuel oil futures is the standard fuel oil contract of Shanghai Futures Exchange.

Trading variety fuel oil

Trading unit 10 ton/lot

Quotation bits (RMB)/ton

The minimum price change is 1 yuan/ton.

The maximum daily price fluctuation is limited to 5% of the settlement price of the previous trading day.

The delivery month of the contract is1-65438+February (except the Spring Festival month).

Trading time: 9: 00 am-165438+0: 30 pm:1:30 pm.

Last trading day The last trading day of January before the delivery month of the contract.

Delivery date: five consecutive working days after the last trading day.

Delivery grade 180CST fuel oil (see annex for specific quality regulations) or other fuel oil with better quality than this standard.

Delivery place designated by the exchange

8% of the minimum trading margin contract value

The transaction fee shall not be higher than two ten thousandths of the transaction amount (including risk reserve).

Delivery method physical delivery

Transaction code FU

Listed Exchange Shanghai Futures Exchange